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Operating Cost Reduction: Here are your next steps. 1. Review your operating cost variances to identify cost reduction opportunities. Evaluate the impact on operations and financial performance and use this info to prioritize and develop a framework for an operating cost reduction plan. 2. Weaponize your multidisciplinary team to support this initiative with the appropriate level of training in Core Tools, problem solving, and the connection to business performance. 3. Perform a root cause analysis to identify the cause of cost variance. Then update and implement your operating cost reduction action plan to address the gaps. 4.Standardize processes and lessons learned by placing process controls, establishing metrics for "leading" vs "lagging" indicators, and develop a business case for widespread adoption. Get a Jump Start with Plexus Let Plexus coach you to do what a consultant would do. Then we'll train your team to be dangerously knowledgeable in the tools that support, inform, and sustain operating cost reduction initiatives.